Ogilvy's Kaiser Kuo has a post about the Tudou.com closure announcement rumor. I'm sure overseas investors are defecating bricks when they see things like this, but in the scheme of things just about every major Chinese Internet portal has received similar raids or closure or government cease-and-desist announcements over the years: Sohu, Netease, Baidu, and many, many others. The site is still up and running, meaning the rumors are only rumors or machinations behind the scenes have fixed the errors of Tudou's ways. We are just witnessing a business sector's growing pains.
Which reminds me of another plug for a post I made last week about an event at the end of March to discuss video business models in China.
Tags: Amcham, audio, chamber of commerce, internet video, kaiser Kuo, multimedia, Ogilvy, online video, Shanghai, Tudou
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